Luxury Homeowners Turn to ‘Short Sales’ as Loan Defaults Rise (Bloomberg)

December 16, 2009 By admin Leave a Comment

Dec. 17 (Bloomberg) — Homeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. rate and some are turning to so-called short sales to unload properties as stock-market losses and pay cuts squeeze wealthy borrowers.

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Filed Under: Real Estate News Tagged With: , , , , ,

U.S. Homeowners Lost $5.9 Trillion Since 2006 Peak (Update1) (Bloomberg)

December 9, 2009 By admin Leave a Comment

Almost half a trillion dollars was wiped out this year through November as housing headed for a third straight annual decline. New foreclosures and higher mortgage rates in 2010 may hinder a rebound, the property data service said today in a statement.

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Commercial Mortgage Defaults at U.S. Banks Reach 3.4% (Update1) (Bloomberg)

December 1, 2009 By admin Leave a Comment

Dec. 1 (Bloomberg) — The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent in the third quarter as vacancies rose and rents declined, Real Estate Econometrics LLC said.

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Commercial Mortgage Defaults in U.S. Bank Portfolios Reach 3.4% (Bloomberg)

November 30, 2009 By admin Leave a Comment

Dec. 1 (Bloomberg) — The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent in the third quarter as vacancies rose and rents declined, Real Estate Econometrics LLC said.

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U.S. Home Sales Rose 11% in Third Quarter on Federal Tax Credit …

July 30, 2010 By admin Leave a Comment

Nov. 10 (Bloomberg) — US home sales increased 11 percent in the third quarter as an $8000 tax credit for first- time buyers boosted demand for entry-level properties. … Quick Search. Select Category, Bedrooms, 3, Blog, Featured Property, Location, Lake Tapps, Puyallup, Property Price, 250000-400000, Property Type, Single Family, Seattle Foreclosure, Seattle Real Estate News, Short Sale News, Sports, Technology, Travel, Videos. Search for: …

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Filed Under: Seattle Short Sale News Tagged With: , , , , , , , , , , , , , ,
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